Netflix vs Walt Disney Business Model (2026)
Netflix earns most from United States And Canada (44.2%), while Walt Disney earns most from Entertainment (45.0%). Computed from Netflix 10-K FY2025 and Walt Disney 10-K FY2025.
Last checked 2026-10-18 on the official pages.
Netflix
Amounts in millions of USD. Shares are computed from the filing.
| Revenue line | Value | % of total | Filing |
|---|---|---|---|
| United States And Canada | $19,957 million ($20.0 billion) | 44.2% | 10-K FY2025 ↗ |
| EMEA | $14,515 million ($14.5 billion) | 32.1% | 10-K FY2025 ↗ |
| Latin America | $5,358 million ($5.4 billion) | 11.9% | 10-K FY2025 ↗ |
| Asia Pacific | $5,354 million ($5.4 billion) | 11.8% | 10-K FY2025 ↗ |
| Total revenue | $45,183 million ($45.2 billion) | — | 10-K FY2025 ↗ |
Walt Disney
Amounts in millions of USD. Shares are computed from the filing.
| Revenue line | Value | % of total | Filing |
|---|---|---|---|
| Entertainment | $42,466 million ($42.5 billion) | 45.0% | 10-K FY2025 ↗ |
| Sports | $17,672 million ($17.7 billion) | 18.7% | 10-K FY2025 ↗ |
| Experiences | $36,156 million ($36.2 billion) | 38.3% | 10-K FY2025 ↗ |
| Segment eliminations | $-1,869 million | -2.0% | 10-K FY2025 ↗ |
| Total revenue | $94,425 million ($94.4 billion) | — | 10-K FY2025 ↗ |
Shared business models
Company and model pages
Netflix: Advertising · Subscription
Walt Disney: Licensing and royalties · Subscription
Frequently asked questions
How does Netflix make money?
Netflix monetizes access through subscriptions rather than charging for individual titles. Its FY2025 total revenue was $45,183 million ($45.2 billion), with United States And Canada the largest reported region at $19,957 million ($20.0 billion) and 44.2% of total revenue (computed from the 10-K FY2025).
How does Walt Disney make money?
Walt Disney makes money mainly from Entertainment. Its FY2025 total revenue was $94,425 million ($94.4 billion), with Entertainment the biggest disclosed revenue line at $42,466 million ($42.5 billion) and 45.0% of total revenue (computed from the 10-K FY2025). Disney monetizes programming through advertising, subscribers, and subsequent licensing.